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Tuesday, November 18, 2014

$100 billion of M&A in a day

“Merger Madness” was the headline this Monday as $100 billion in deals were announced.  Halliburton (acquiring Baker Hughes) and Actavis (acquiring Allergan) shared the spotlight. These two big deals are just the latest in an already strong year for M&A.  The total value for acquisitions of U.S. companies stood at $1.354 trillion before Monday’s news, up […]

Saturday, November 08, 2014

M&A: Keep it clean. Disposables, protective equipment, single-use technologies, and cleanroom operations on the rise.

  The world can be a messy place.  Companies that focus on keeping it a bit (or a lot) cleaner play an important role in public health, medical research and pharmaceutical manufacturing, to name just a few areas.   The economic impact of contamination in those fields can be tremendous.  Add to that the public […]

Friday, June 27, 2014

Recurring revenue counts in industries far beyond software

The recurring revenue (“RR”) business model gets a lot of attention in software M&A and growth investment, and for good reason.  Most growing subscription/ software-as-a-service (SaaS)-based software companies trade in the public markets for north of 6x revenue and many of those fortunate few with annual revenue growth over 40% trade for over 10x revenue. […]

Friday, June 20, 2014

Healthcare M&A: Big deals getting all the attention

2014 has to go down as the year of the big announcement (it may also be remembered as the year of the failed Pfizer bid for AstraZeneca). One might think these mega deals are crowding out middle market activity. But that’s only true in the newspapers. In fact, there have been over 1,000 healthcare deals […]

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Wednesday, April 30, 2014

Over $150 Billion – Record Levels of Healthcare M&A

US M&A levels are up across the board. According to Thomson Reuters, 2,777 deals representing $476 billion in value have been announced so far this year (up 78% from the same period last year), with $153.5 billion coming from healthcare. Approximately 71% of that volume is in the pharmaceutical sector, followed by health care equipment […]

Monday, January 20, 2014

The next wave for Healthcare IT

Last fall, ACG Boston hosted Edward Marx, Chairman of the Texas Health Services Authority and senior vice president and chief information officer at Texas Health Resources, one of the largest faith-based, nonprofit healthcare delivery systems in the U.S., and (as announced last week) the 2013 John E. Gall Jr. CIO of the Year, an award given […]

Monday, October 21, 2013

Healthcare – Expecting increases in deal activity

Healthcare services M&A is expected to accelerate in the coming months, according to a recent GE Capital survey of healthcare services executive. Increased optimism about business performance is a key driver. In that survey, 88% of executives indicated that M&A is in their near-term future. The survey examined the expectations of more than 200 senior […]